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House Hansard - 52

44th Parl. 1st Sess.
April 4, 2022 11:00AM
Context: House Hansard - 52 - Apr/4/22
Mr. Mark Gerretsen
  • Apr/4/22 6:11:12 p.m.
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Madam Speaker, there is an interesting thing about this question, and I am so glad I was asked it. The problem is that NDP members will say that we have not reduced oil subsidies as much as we have, but the reality is that when they are making those calculations, they are including the money being used to deal with orphaned wells. The government put in a significant amount of money, right at the beginning of the pandemic, to help deal with the orphaned wells out there. The calculation the member is using is including that. If we look at the traditional subsidies in oil and gas, they have been reduced quite significantly and are on track to being eliminated by 2025 or sooner.
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